#35 Los Angeles Lakers

Value: $900 million
Owner: Jerry Buss, Philip Anschutz

The value of the Lakers soared 40% as the purple and gold struck a deal with Time Warner that will begin next season and is valued at an average of $200 million a year, far higher than the $35 million they got under their old agreement. Time Warner will show games on two regional sports channels, one in English and one in Spanish. The Lakers have by far the biggest audience on TV, averaging 258,000 households on Fox Sports West last year.